The United States is now just 10 days away from Washington's latest deadline for forced across-the-board spending cuts - otherwise known as "sequester."

President Obama said something must be done.

"These cuts not smart, they are not fair, they will hurt our economy, the will add hundreds of thousands of Americans to the unemployment roles. This is not an abstraction. People will lose their jobs," Obama said.

Erin Burnett highlights two solutions:

Lawmakers find another way to punt - delaying the cuts for another few months

The President and Congress come up with a big plan to slash the debt in this country

Burnett says option number one has a decent chance of success citing the feared "forced cuts" or sequester are just 2.5% of projected total federal spending.

OutFront tonight: Daniel Altman, economics professor at New York University and Doug Holtz-Eakin, former director of the Congressional Budget Office.

"Kate Middleton, as she was, appeared to have been designed by a committee and built by craftsmen, with a perfect plastic smile and the spindles of her limbs hand-turned and gloss-varnished... without quirks, without oddities, without the risk of the emergence of character." – Author Hilary Mantel said. FULL POST

At an emotional bail hearing today, the attorney for South African Olympian Oscar Pistorius read a statement saying his client thought his girlfriend Reeva Steenkamp was an intruder when he opened fire and that "she died" in his arms.

But the prosecution laid out a very different version of events - contending the killing was premeditated murder.